Soreide Law Group is investigating claims involving ICON leasing investments. The ICON leasing investments are illiquid and speculative investments that pay brokerage firms above average commissions for selling the investment to unsuspecting investors. Investors seeking income have suffered substantial losses of principal and income as ICON struggles to sell its used equipment to new purchasers. […]

Soreide Law Group is investigating claims involving ICON leasing investments. The ICON leasing investments are illiquid and speculative investments that pay brokerage firms above average commissions for selling the investment to unsuspecting investors. Investors seeking income have suffered substantial losses of principal and income as ICON struggles to sell its used equipment to new purchasers. […]

A Somerset County, N.J. financial advisor, Ralph A. Saviano, 72, of Bridgewater, was sentenced on Wednesday, September, 25th., 2013, to 27 months in prison for stealing $138,000 from two elderly investors and funding his "lavish lifestyle" with money he claimed to be investing in conservative securities and his business, U.S. Attorney Paul J. Fishman announced […]

Soreide Law Group is currently investigating claims on behalf of investors against Darrell Duane Smith, a former broker with Multi-Financial Securities, Mason City, Iowa, which is now known as, Cetera Advisors. These investors purchased I-Lenders and Energae from Darrell Smith. The allegations involved Smith “selling away” securities of either I-Lenders and Energae to Multi-Financial customers. […]

Soreide Law Group is currently investigating claims on behalf of investors against Darrell Duane Smith, a former broker with Multi-Financial Securities, Mason City, Iowa, which is now known as, Cetera Advisors. These investors purchased I-Lenders and Energae from Darrell Smith. The allegations involved Smith “selling away” securities of either I-Lenders and Energae to Multi-Financial customers. […]

Behringer Harvard REIT I, Inc., a Dallas-based real estate investment trust, has announced a new name – TIER REIT, Inc. as of June 23rd., 2013. TIER REIT owns 44 commercial office properties throughout the United States with the majority being in Houston, Austin and Dallas/Ft. Worth, Chicago, Philadelphia, Washington, D.C.; Charlotte, North Carolina and select […]

Soreide Law Group, (888) 760-6552, has obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, September, 2013.” Adam A. Pflum (CRD #5220575, Registered Representative, Clayton, North Carolina) was suspended from association with any FINRA member in any capacity for one year. Without admitting or denying the findings, Adam A. Pflum consented […]

Soreide Law Group, (888) 760-6552, has obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, September, 2013.” Adam A. Pflum (CRD #5220575, Registered Representative, Clayton, North Carolina) was suspended from association with any FINRA member in any capacity for one year. Without admitting or denying the findings, Adam A. Pflum consented […]

The following information has been obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, September, 2013.” Richard D. Mellema (CRD #4592368, Registered Principal, Grandville, Michigan) was fined $15,000, suspended from association with any FINRA member in any capacity for 30 business days and suspended from association with any FINRA member in any principal capacity […]